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Heineken may buy United Breweries stake

People close to Mallya told ET that talks have begun with Heineken to sell a portion of the 40.57% stake owned by United Breweries Holdings, the main promoter company in United Breweries, the makers of Kingfisher. Heineken owns 37%, and could become the majority owner if the transaction fructifies.

United Breweries Limited has nearly 50% market share in India.

via Economic Times.

 

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